The milestone was achieved as Bye progresses toward the first flight of its eFlyer 2 all-electric training aircraft.

The partnership calls for Anduril’s Lattice for Mission Autonomy to serve as the core software engine for mission planning and execution for the Quarterhorse Mk 2 platform.

Thrive’s forthcoming fractional ownership program will initially operate two aircraft types: HondaJet HA-420 light jets and Bombardier Challenger 3500 super-mids.

Apollo Global Management has acquired a significant interest in Atlantic Aviation, while KKR remains a substantial shareholder in the transaction.

Reid brings with him to flyExclusive more than a decade of experience in the private aviation industry.

Atlantic Ascend is designed to help aircraft operators reduce operating costs via fuel savings and service fee rebates across Atlantic’s nationwide FBO network.

FLYX shares are trading (5.3%) at $1.25 as of 2.43pm ET.

The purchase will bring Solairus’ managed fleet size to 500 jets, according to CJI.

Funds from the grant will be used to expand flyExclusive’s MRO facilities and develop a new pilot training facility in Kinston.